Mutual of America Capital Management LLC Sells 4,305 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Mutual of America Capital Management LLC lessened its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 4.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,195 shares of the technology company’s stock after selling 4,305 shares during the quarter. Mutual of America Capital Management LLC owned 0.26% of PDF Solutions worth $3,609,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. nVerses Capital LLC bought a new position in shares of PDF Solutions during the 2nd quarter worth approximately $25,000. GAMMA Investing LLC raised its stake in PDF Solutions by 98.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after acquiring an additional 479 shares in the last quarter. Quest Partners LLC bought a new position in shares of PDF Solutions during the fourth quarter valued at $72,000. ProShare Advisors LLC acquired a new stake in shares of PDF Solutions in the 1st quarter valued at $210,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of PDF Solutions by 67.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,692 shares of the technology company’s stock worth $247,000 after purchasing an additional 3,085 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Analyst Ratings Changes

Separately, DA Davidson reissued a “buy” rating and set a $42.00 price target on shares of PDF Solutions in a report on Wednesday, August 28th.

PDF Solutions Price Performance

PDFS stock opened at $29.80 on Monday. The business has a fifty day moving average price of $31.86 and a 200 day moving average price of $33.17. PDF Solutions, Inc. has a fifty-two week low of $26.12 and a fifty-two week high of $39.70. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 596.00 and a beta of 1.49.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. The company had revenue of $41.66 million during the quarter, compared to analyst estimates of $41.60 million. On average, equities analysts expect that PDF Solutions, Inc. will post 0.36 earnings per share for the current fiscal year.

PDF Solutions Company Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.